Ameritas Investment Partners Has Trimmed Its Coherent (COHR) Position; Celadon Group Has 0.54 Sentiment

December 8, 2017 - By Winifred Garcia

Celadon Group, Inc., through its subsidiaries, provides transportation services between the United States, Canada, and Mexico. The company has market cap of $177.41 million. It operates through three divisions: Asset-Based, Asset-Light, and Equipment Leasing and Services. It has a 74.42 P/E ratio. The Asset-Based segment offers dry van, refrigerated, and flatbed services; cross-border services between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada services; contract services; regional and specialized short haul services; and rail intermodal services.

Ameritas Investment Partners Inc decreased Coherent Inc (COHR) stake by 20.58% reported in 2017Q2 SEC filing. Ameritas Investment Partners Inc sold 1,909 shares as Coherent Inc (COHR)’s stock rose 26.93%. The Ameritas Investment Partners Inc holds 7,369 shares with $1.66 million value, down from 9,278 last quarter. Coherent Inc now has $7.17B valuation. The stock increased 1.70% or $4.83 during the last trading session, reaching $289.03. About 488,965 shares traded or 3.10% up from the average. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since December 8, 2016 and is uptrending. It has outperformed by 171.12% the S&P500.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Coherent had 24 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Coherent, Inc. (NASDAQ:COHR) has “Overweight” rating given on Wednesday, November 8 by Barclays Capital. The stock of Coherent, Inc. (NASDAQ:COHR) earned “Neutral” rating by Susquehanna on Wednesday, February 15. The firm has “Buy” rating by Stifel Nicolaus given on Monday, March 7. Needham maintained Coherent, Inc. (NASDAQ:COHR) rating on Thursday, November 3. Needham has “Buy” rating and $130 target. Benchmark maintained the shares of COHR in report on Wednesday, August 2 with “Buy” rating. Susquehanna upgraded the shares of COHR in report on Thursday, August 3 to “Positive” rating. The company was maintained on Wednesday, November 8 by Stifel Nicolaus. Benchmark maintained the stock with “Buy” rating in Thursday, November 10 report. As per Monday, August 7, the company rating was initiated by Barclays Capital. Needham maintained Coherent, Inc. (NASDAQ:COHR) rating on Wednesday, November 8. Needham has “Buy” rating and $330.0 target.

Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.05, from 1.16 in 2017Q1. It dropped, as 26 investors sold COHR shares while 115 reduced holdings. 76 funds opened positions while 80 raised stakes. 22.28 million shares or 2.28% less from 22.80 million shares in 2017Q1 were reported. 2,124 were reported by Raymond James Fin Serv Inc. First Bancorp Of Omaha has 0.06% invested in Coherent, Inc. (NASDAQ:COHR) for 4,468 shares. 2.00 million were reported by Blackrock. Raymond James & Associate accumulated 21,465 shares. Independent Consultants holds 2,646 shares. Dubuque Natl Bank Tru Communications invested in 748 shares or 0.04% of the stock. Wells Fargo Mn has invested 0.02% in Coherent, Inc. (NASDAQ:COHR). Kames Pcl reported 0% stake. State Of Wisconsin Investment Board owns 166,470 shares. 28,953 are owned by Navellier & Assoc Inc. Glenmede Na reported 0.26% stake. Commonwealth Of Pennsylvania Public School Empls Retrmt stated it has 3,594 shares or 0.01% of all its holdings. Clinton Grp Inc Inc invested in 0.41% or 17,939 shares. Assetmark Inc reported 25,917 shares. Genesee Valley reported 0.14% stake.

Ameritas Investment Partners Inc increased Nvidia Corp (NASDAQ:NVDA) stake by 10,983 shares to 34,719 valued at $5.02M in 2017Q2. It also upped Ryder Sys Inc (NYSE:R) stake by 14,748 shares and now owns 16,028 shares. Discover Finl Svcs (NYSE:DFS) was raised too.

Analysts await Coherent, Inc. (NASDAQ:COHR) to report earnings on February, 6. They expect $3.41 earnings per share, up 52.23% or $1.17 from last year’s $2.24 per share. COHR’s profit will be $84.63 million for 21.19 P/E if the $3.41 EPS becomes a reality. After $3.58 actual earnings per share reported by Coherent, Inc. for the previous quarter, Wall Street now forecasts -4.75% negative EPS growth.

Litespeed Management L.L.C. holds 5.77% of its portfolio in Celadon Group, Inc. for 2.79 million shares. Phoenix Investment Adviser Llc owns 255,276 shares or 0.55% of their US portfolio. Moreover, Penn Capital Management Co Inc has 0.2% invested in the company for 861,973 shares. The Minnesota-based Foundry Partners Llc has invested 0.12% in the stock. Sns Financial Group Llc, a Minnesota-based fund reported 130,000 shares.

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